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Personal Finance

The Investing Lesson of Mastodons

By Louis Basenese - Sep 19, 2017

10,000 years ago, mastodons seemed poised to rule forever. But mastodons weren’t adaptable. The day humans began hunting with spears, the extinction of mastodons became an inevitability. Modern-day mastodons suffer from the same inability to adapt. And these companies are on the cusp of complete failure...

Politics

Why Obama Was Bitcoin’s Worst Nightmare

By Louis Basenese - Sep 18, 2017

While Obama wanted to prevent Bitcoin’s rise, his actions actually sowed the seeds of an eventual revolution. All the world needed was him and any copycat leader like Clinton out of the way to uncork the pent up demand. Just look what happened to Bitcoin after Trump was elected...

Economics

Were Irma and Harvey Just the Opening Act?

By Louis Basenese - Sep 15, 2017

Irma may have just rained on Puerto Rico’s recovery parade. Power outages and water main destruction could spell doom for Electric Power Authority and Water Authority bonds issued by the island. And if those bonds default, a domino effect on other Puerto Rican bonds is likely. With that in mind, welcome to Wall Street Daily’s first ever “Natural Disasters” edition.

Technology

iPhone X First Look… OMG or SMH?

By Louis Basenese - Sep 14, 2017

Tim Cook took to the stage this week and unveiled the newest iPhones. Cook’s challenge was crystal clear: How will Apple’s latest iPhones send the “usage” needle further north? Here’s our take...

Currencies

Bitcoin Revolution Rages On

By Louis Basenese - Sep 13, 2017

Bitcoin has quickly risen to challenge the oldest monopoly on Earth — money. But after outlawing initial coin offerings (ICOs) early last week, Beijing now wants to unplug certain cryptocurrency exchanges, which pundits predict would crush the cryptocurrency revolution. Here are five reasons why the cryptocurrency revolution has only just begun.

Personal Finance

How to Survive the Equifax Hack

By Louis Basenese - Sep 12, 2017

The Equifax hack should deeply scare you. Heck, it concerns me enough that I took immediate action. Today, I’m strongly recommending that you do the same.

Agriculture

Monsanto’s New Scientific Perversion Terrifies Consumers

By Louis Basenese - Sep 11, 2017

Monsanto is in the headlines again because a key ingredient in its Roundup weed killer, glyphosate, is now officially “known to cause cancer.” Here are a few other perverse inventions the company has engineered.

Personal Finance

Chaos is a Ladder

By Louis Basenese - Sep 8, 2017

Comfort zones have a deadening effect, weakening us with every breath. So here’s what I’d like you to do, ASAP. Embrace chaos. Chaos can be a very good thing. Heck, chaos can even make you richer. Here are 3 ways you can embrace chaos now...

Stocks

“Brain Boom” Unlocks Humanity’s True Potential

By Louis Basenese - Sep 7, 2017

Thanks to scientific advances in genetic sequencing, deep neural networks, and DNA editing technologies, a legit “Brain Boom” is upon us. Nothing races higher than a biotechnology stock with a hot new discovery. Here are a few more such stocks to consider when placing your brain bets.

Stocks

This Walmart Plan Is Stranger Than Fiction

By Louis Basenese - Sep 6, 2017

Walmart has partnered with Uber to expand its grocery delivery service business. It’s a classic example of truth being stranger than fiction. Bespoke Investment Group isn’t impressed. It listed Walmart on its “Death by Amazon” Index. Let’s see what my top two analysts think, and then I’ll render a decision at the end.

Technology

Why Driverless Cars Are Here to Stay

By Louis Basenese - Sep 5, 2017

Driverless cars are the ultimate disrupter. Heck, Ford executives now make regular trips to Silicon Valley to meet with executives running startups a millionth Ford’s size. But I was recently asked if driverless cars are any different than the Segway. Let’s review…

Stocks

Alan Knuckman: Interview From the Trading Floor

By Louis Basenese - Sep 4, 2017

During a recent interview, he shared his thoughts on why investors shouldn’t try to time when the recent bull market will end — along with eight other must-read secrets gleaned from his days on the trading floor. Here’s the full transcript of the interview.